J.B. Hunt Transport Services’ third quarter displayed growth pains and other cost pressures, but management said this was likely a speed bump on the road to recovery.
Following an earnings warning issued a month ago, J.B. Hunt Transport Services posted third-quarter results that modestly exceeded lowered analyst expectations.
Logistics warehouse operator Prologis beat third-quarter expectations and significantly raised its 2026 forecast for new development projects.
According to AFS Logistics and TD Cowen, record third-quarter less-than-truckload rates are projected to rise even higher by the end of the year.
Car hauler CCT Auto Trans announced it has acquired industry peer Livingston Vehicle Transportation Services.
September data from Cass showed truckload linehaul rates rose 10% and freight shipments grew for the second consecutive month following a 42-month downturn.
Radiant Logistics announced it has acquired the Dallas brokerage operations of Whitacre Logistics Services, an intermodal and over-the-road transportation unit that will become part of Radiant Road & Rail.
Former Yellow Corp. workers will receive a reduced portion of their WARN Act claims, according to a Tuesday Teamsters memo.
Old Dominion claimed the top national less-than-truckload carrier spot for the 17th consecutive year, while Daylight Transport captured overall honors for the third straight year, according to Mastio’s annual survey of LTL shippers.
The September Logistics Managers’ Index showed significant tightening in transportation capacity while pricing surged.
STG Logistics announced a new leadership team on Monday, following the successful completion of its Chapter 11 restructuring.
Hub Group announced it has reshaped its board as it works to regain compliance with Nasdaq’s listing requirements.
Manufacturing activity remained in expansion territory for a ninth consecutive month in September, but supply executives flagged rising costs as a primary concern.
Less-than-truckload carrier XPO has added new service centers in Arizona and Missouri, bringing its North American terminal count to 300.
St. Louis-based regional expedited carriers Flanagan-White and Zipp Express have joined forces, merging their operations and assets to enhance coverage across the region.
Copeland has broadened its cold chain capabilities by acquiring Dickson, integrating advanced monitoring and compliance solutions designed for the healthcare and life sciences sectors.
Old Dominion Freight Line announced Monday a 4.9% general rate increase across various tariff codes effective Oct. 5, moving the date up by a month for the second consecutive year.
Final-mile warehouse operator Link Logistics announced it has acquired a four-property, 700,000-square-foot portfolio.
As expected, Hub Group has received an official delisting notification from Nasdaq after missing a financial reporting deadline.
Trucking executives said this week that the regulatory crackdown on noncompliant drivers remains in the early stages, suggesting large carriers could continue to secure significant rate increases even under modest demand.